India’s New Corporate Jet Set

India’s newly rich are acquiring that increasingly contentious totem of the western corporate world, the executive jet, in record numbers. At a time when it is becoming de rigueur to be concerned about the carbon footprint – the contrail of greenhouse gases that jets that spew across the stratosphere -- India’s 100,000 high-net worth individuals, those with more than US$1 million in assets, are snapping up spiffy aircraft at mind-boggling prices for their personal and business use.

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